Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.22B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$504M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$335M |
| 4 |
Bank of America
BAC
|
+$324M |
| 5 |
TSMC
TSM
|
+$297M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.62B |
| 2 |
Meta Platforms (Facebook)
META
|
+$471M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$396M |
| 4 |
NVIDIA
NVDA
|
+$391M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.31% |
| 2 | Consumer Discretionary | 1.61% |
| 3 | Financials | 1.35% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
PUT
TJX Companies
TJX
$155B
| $68.8M | 0.01% |
877,800
-284,500
| -24% | -$22.4M |
|
|
FINV
777
FinVolution Group
FINV
$1.02B
| $68.8M | 0.01% |
16,493,362
+4,400
| +0% | +$22.3K |
|
778
PUT
Norfolk Southern
NSC
$79.3B
| $68.4M | 0.01% |
322,600
+166,600
| +107% | +$38.5M |
|
779
CALL
General Dynamics
GD
$104B
| $68.4M | 0.01% |
299,600
+29,700
| +11% | +$6.86M |
|
780
Charter Communications
CHTR
$17.9B
| $68.3M | 0.01% |
191,104
-19,214
| -9% | -$7.18M |
|
|
MMP
781
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $68.3M | 0.01% |
1,257,900
+201,000
| +19% | +$10.7M |
|
782
PUT
Hilton Worldwide
HLT
$74.3B
| $68.1M | 0.01% |
483,400
-345,200
| -42% | -$48.6M |
|
783
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $67.4M | 0.01% |
780,800
-7,300
| -0.9% | -$629K |
|
784
PUT
Sherwin-Williams
SHW
$84.2B
| $67.1M | 0.01% |
298,400
-55,600
| -16% | -$12.7M |
|
785
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $66.7M | 0.01% |
1,689,200
-1,335,600
| -44% | -$49.3M |
|
786
CALL
Idexx Laboratories
IDXX
$44.1B
| $66.7M | 0.01% |
133,400
-62,400
| -32% | -$29.9M |
|
|
EA
787
PUT
DELISTED
Electronic Arts
EA
| $66.7M | 0.01% |
553,400
-247,700
| -31% | -$29.1M |
|
788
CALL
Fidelity National Information Services
FIS
$21.4B
| $66.4M | 0.01% |
1,221,900
+149,600
| +14% | +$9.74M |
|
789
PUT
EQT Corp
EQT
$33.6B
| $66M | 0.01% |
2,069,500
-1,565,200
| -43% | -$50.2M |
|
790
Elevance Health
ELV
$87.3B
| $65.9M | 0.01% |
143,354
+48,100
| +50% | +$22.9M |
|
791
CALL
TotalEnergies
TTE
$198B
| $65.9M | 0.01% |
1,115,700
+148,400
| +15% | +$9.13M |
|
792
PUT
DexCom
DXCM
$34.4B
| $65.8M | 0.01% |
566,500
-397,500
| -41% | -$44.5M |
|
793
PUT
O'Reilly Automotive
ORLY
$73.4B
| $65.8M | 0.01% |
1,162,500
-196,500
| -14% | -$10.8M |
|
794
Marvell Technology
MRVL
$206B
| $65.3M | 0.01% |
1,508,588
-219,179
| -13% | -$9.23M |
|
|
WBA
795
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $65.2M | 0.01% |
1,886,200
+477,500
| +34% | +$16.9M |
|
796
CALL
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $65.2M | 0.01% |
1,759,100
+1,514,600
| +619% | +$68.1M |
|
797
CALL
US Bancorp
USB
$97.3B
| $65.1M | 0.01% |
1,805,400
+415,300
| +30% | +$18.5M |
|
798
PUT
Zillow
Z
$8.33B
| $65M | 0.01% |
1,462,600
+21,300
| +1% | +$905K |
|
799
Southwest Airlines
LUV
$19.9B
| $65M | 0.01% |
1,996,342
+1,775,113
| +802% | +$60.4M |
|
|
800
PUT
US Bancorp
USB
$97.3B
| $64.8M | 0.01% |
1,797,000
+1,098,000
| +157% | +$48.9M |
|
Similar funds
Jeff Yass's Q1 2023 Portfolio in Review
As of Q1 2023, Jeff Yass held 14,310 positions worth $470B, up 19% from $395B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass deployed $24.4B of net new capital in Q1 2023, opening 2,075 new positions and adding to 5,756 existing holdings. Its largest new stake was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M.
By sector, the portfolio is most concentrated in Technology at 2.3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Tesla, an estimated $1.62B trimmed.
- Jeff Yass's largest Q1 2023 buy was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $1.22B increase.
- Jeff Yass's biggest Q1 2023 reduction was Tesla, cutting an estimated $1.62B.
- Jeff Yass fully exited NextEra Energy, Inc. 5.279% Corporate Units in Q1 2023, selling an estimated $61.5M.
- Jeff Yass's ten largest holdings make up 30% of its $470B portfolio in Q1 2023.
- Jeff Yass opened 2,075 new positions and closed 1,856 in Q1 2023.
- Jeff Yass's portfolio value rose 19% quarter-over-quarter to $470B.
Based on Susquehanna International Group's 13F filing for Q1 2023, filed 16 May 2023.